The relentless de facto privatization process of Chilika Lake, India

2020 ◽  
Vol 20 (4) ◽  
pp. 519-537
Author(s):  
Matilde Adduci
Keyword(s):  
Chilika Lake ◽  
Privatization Process

Length-weight and Length-length relations of four fish species from the Chilika Lake, East coast of India

2017 ◽  
Vol 34 (1) ◽  
pp. 224-226 ◽  
Author(s):  
S. K. Karna ◽  
V. R. Suresh ◽  
M. Mukherjee ◽  
R. K. Manna
Keyword(s):  
Fish Species ◽  
East Coast ◽  
East Coast Of India ◽  
Chilika Lake

Total Effects of Privatization: Evidence from Turkey

2018 ◽  
Vol 50 (4) ◽  
pp. 699-707
Author(s):  
Doruk Cengiz
Keyword(s):  
Jel Classification ◽  
Profit Margin ◽  
Income Transfer ◽  
Firm Level ◽  
Privatization Process ◽  
Direct Outcome ◽  
Wage Earners

I examine effects of the privatization process as a whole in Turkey. I show that the privatization process begins before the firm is sold to private agents. I find that privatization causes the firm-level workforce to decline by 65 percent, profit-margin to increase by 18 percent, and no substantial changes in real sales. Based on the evidence presented, I conclude that the direct outcome of privatization is an income transfer from wage earners to profit earners. JEL Classification: L33, H42

scholarly journals SWOT analysis & privatization in Croatia

2006 ◽  
Vol 51 (168) ◽  
pp. 121-136 ◽  
Author(s):  
Ivo Druzic ◽  
Tomislav Gel
Keyword(s):  
Swot Analysis ◽  
Limited Liability ◽  
Transition Process ◽  
Legal Framework ◽  
Economic Consequences ◽  
Macro Level ◽  
Public Enterprises ◽  
Tax Havens ◽  
Holding Companies ◽  
Privatization Process

Legal framework for privatization in Croatia was based on two key laws: the Transformation Act of 1991, and the Privatization Act of 1993, amended in 1996. Early start of privatization process in 1990s in Croatia was marked by the transformation of socially-owned companies into stock holding companies or limited liability companies. The first step (1991-1993) of this process of almost 2700 companies which entered privatization was their evaluation and transformation into private ownership entities. The second step (1994- 1997) consisted of privatization of CPF portfolio. The portfolios change constantly, not only as a result of privatization but also because companies themselves change, as does their position in the market. The third step (1998) in the privatization process was voucher privatization. Privatization of large infrastructure and utility companies designated as public enterprises began in 1999 (Croatian Telecom) and INA in 2002 (public enterprises are privatized on the basis of separate laws). Attempts to discuss privatization in Croatia in terms of SWOT analysis have been motivated by the stark difference among Croatian professional economists in an appraisal of Croatia's performance during the transition process in general and of the privatization process in particular. Therefore we considered the elements of SWOT analysis to be an acceptable way to delve into the confusing world of bickering arguments on the state and perspective of the Croatia's privatization process. In this paper we have tried to provide an impartial approach by employing two criteria i.e. strength and weaknesses in judging the events and results of the privatization process in Croatia. Strength of the overall privatization process can be mostly ascribed to the institutional swiftness on micro as well as on macro level. On the micro level 80% of the companies were formally privatized in the first two years despite unfavorable external conditions comprising the economic consequences of war. On the macro level it took approximately three years to restructure and downsize CPF majority ownership in 2700 companies to majority ownership in just 70 companies. Overall weakness of the restructuring process is concentrated in a painfully slow emergence of sound business activity in market environment. The economic inefficiency of this model is reflected in the substitution of modern entrepreneurial capitalism, which was hoped for with retrograde rent seeking capitalism, typical of early capitalism in its transition from a feudal to an industrial environment two centuries ago. Instead of efficiency and development, it is characterized by the drain of liquid capital through inflated debts, false reserves and falsified claims and the tunneling of constant capital through "soft" loans into tax havens outside the country. Therefore, the solution is not to deal with the consequences, which are evident in various affairs that are treated as individual deviations of the more or less good model of privatization. The problem lies in the model itself.

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